Connect with us

Blockchain

Huobi Token Price Rise – Should You Buy HT?

Avatar

Published

on

join us cable A channel to stay up to date on breaking news coverage

Among the biggest gainers on November 22 was Huobi Global’s native cryptocurrency, Huobi Coin (HT), whose price is up more than 3% as of this writing.

HT started the trading day around $4.21 but has now climbed to $4.90.

At the time of writing, HT has been rebounding, trading around $4.90 with a 24-hour volume of $15M, while some of the largest cryptocurrencies are trading negative due to the continuing confusion and consequences of the crypto crash. FTX crypto exchange.

Advertisement

The acquisition raised the price

After rising nearly 65% ​​last month, HT hit a four-month high of about $7.48. About Capital Management’s acquisition of Huobi Global led to a subsequent windfall.

Huobi issued a statement confirming the acquisition, saying that while About Capital will become the majority shareholder in the company; The transaction will only result in a change in the controlling shareholder of the company and will not affect the company’s management or day-to-day operations.

A few days later, it was reported that Justin Sun, creator of the Tron blockchain DAO system, would join the company as an advisor.

After the news broke, Sun gave an interview to Bloomberg, where he not only stated his intention to help Huobi increase its fame in the cryptocurrency industry, but also claimed that he is one of the largest holders of HT tokens, owning tens of millions of exchanges. original icons.

Safety first for customers

Huobi Global has produced a file Asset transparency report on November 13 to reassure its users that their funds are safe in the wake of the demise of FTX and the general terror and panic that gripped the cryptocurrency business.

Advertisement

Huobi revealed cryptocurrency reserves of around 32,000 Bitcoin (BTC) and 274,000 Ethereum, with a total value of $3.5 billion.

To increase openness and trust in the crypto industry, the company has also urged cryptocurrency exchanges to follow similar measures.

Huobi has stated that it will maintain its policy of disclosing the contents of its wallets in order to show its dedication and enthusiasm to promote openness.

Have you heard of this pre-sale token making waves?

At the moment, the value of Huobi Token is rising and it shows no signs of stopping soon. Technical indicators provide credibility to the bulls’ condition, and they plan to exploit it to their advantage in the near future.

Another cryptocurrency, Dash 2 Trade, is now participating in a presale, and it’s making news for all the right reasons: it’s shaping up to be the most popular presale offer of the year.

Advertisement

At this point in the D2T pre-sale, which is Phase 3, you can’t afford to miss out on buying some of this coin. At the time of writing, one Dash 2 Trade coin can be bought for $0.0533.

Once D2T is published and put into circulation, those who have invested in it now will reap massive benefits. As the platform’s native token, Dash 2 Trade (D2T) offers a wide range of potential applications. Coins will be used by subscribers to enter the site and its many features.

The platform has widespread community support, as evidenced by the more than 70,000 companies that have signed up for it. Dash 2 Trade is a cryptocurrency analysis software that gives traders and potential traders comprehensive data about the digital currency in question.

The site’s recommendations for trading techniques may be useful for users who are less experienced in the bitcoin market. In addition to charts and crypto signals, Dash 2 Trade will soon add support for chart patterns, on-chain data, and a list of DEX, CEX, and trading pairs.

Related articles

Dash 2 Tadawul – High Potential Pre-Selling

Advertisement

  • Active pre-sale is live now – dash2trade.com
  • The original code for the crypto signals ecosystem
  • Know Your Customer verified and reviewed

Dash 2 Trading


join us cable A channel to stay up to date on breaking news coverage

Advertisement

Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published.

Blockchain

Internet of Things (IoT) Token Price Prediction: VET, MIOTA, HNT, and IOTX

Avatar

Published

on

join us cable A channel to stay up to date on breaking news coverage

The currencies referenced below have fallen to the bottom of the chart. For example, HNT and VET It fell to historical lows of $2.29 and $0.019, which correspond to January 25, 2021, and August 3, 2020, respectively. The altcoins are consolidating towards the bottom of the chart. While MIOTA and IOTX are consolidating above current support levels.

The main trend for VET/USD practice: bearish
VeChain (VET) is seeing a decline after its recent drop to $0.018 on November 9. The decline has subsided over the past three weeks. The altcoin resumed a range-bound advance below the $0.020 resistance.

VET/USD – daily chart

The bears broke the current support on November 21, but the bulls bought the dips. Buyers are being held back by the $0.020 resistance on the upside. However, VeChain is currently trading in the overbought area of ​​the market. This refers to the emergence of sellers to lower prices. VET produced an upward correction in the November 9 economic downturn and the candle’s retracement body tested the 61.8% Fibonacci retracement line. VET is expected to drop to the Fibonacci extension level of 1.618 or $0.013.

The main trend for MIOTA / USD: bearish
IOTA (MIOTA) is in a downtrend, after falling sharply to as low as $0.19 on November 9.

Advertisement
Internet of Things (IoT) Token Price Prediction: VET, MIOTA, HNT, and IOTX
MIOTA/USD – daily chart

The upward adjustment ended at $0.24. Today, MIOTA rebounded above the $0.20 support level, and resumed consolidation above it. The upward move was capped by $0.22 or the 21-day simple moving average. The cryptocurrency will be in the period of RSI 14 level 45. The coin is likely to drop further.

HNT/USD main trend: bearish
Helium (HNT) is falling and has dropped significantly to $2.45. With bulls buying on dips, bears pushed the currency to a new low of $2.06.

Internet of Things (IoT) Token Price Prediction: VET, MIOTA, HNT, and IOTX
HNT/USD – daily chart

An upward correction is facing resistance at the 21-day SMA. At the time of writing, the altcoin was trading at $2.29. The altcoin is holding above the $2.00 support. Price action is characterized by small, uncertain body candlesticks known as Doji. These candlesticks indicate that buyers and sellers are unsure of the direction of the market.

Main trend for IOTX/USD: Bearish
IoTex (IOTXUSD) is declining, however, it has recently corrected upwards to previous highs. Buyers pushed the currency to the previous high but were unable to break it, sending it lower. The altcoin fell to as low as $0.035 before resuming consolidation above the current support.

Internet of Things (IoT) Token Price Prediction: VET, MIOTA, HNT, and IOTX
IOTX/USD – daily chart

IOTX produced a bullish reversal in the pullback on November 13 and the candle’s retracement body tested the 78.6% Fibonacci retracement line. The correction predicts that IoTex will decline, but it will reverse at the 1.272 Fibonacci Extension level, or $0.020. For the period 14, the altcoin has been at the RSI level of 46. The cryptocurrency is in a slump and may continue to decline.

However, the aforementioned currencies have fallen to the bottom of the chart. Traders and investors need not worry because there is another currency called Dash 2 Trade (D2T) It allows you to maximize your trading success with major crypto signals, Bot & Analytics platform right now. Thanks to our advanced Dash 2 Trade platform, it is now easier for all traders and investors to stay up to date with all the happenings related to cryptocurrencies. You will never miss any important events because the platform helps you stay on top of your trading game. D2T pre-sale dashboard will be available soon because product development is ahead of schedule. Nearly $8.5 million was raised in the ongoing pre-sale.

Related

D2T price prediction
How to buy D2T token

Dash 2 trading – high probability pre-sale

Advertisement

Dash 2 Trading
  • Active pre-sale is live now – dash2trade.com
  • The original code for the crypto signals ecosystem
  • Know Your Customer verified and reviewed

Dash 2 Trading


join us cable A channel to stay up to date on breaking news coverage

Advertisement

Source link

Continue Reading

Blockchain

Ripple is filing a final submission against the SEC as the landmark case draws to a close

Avatar

Published

on

The most talked about crypto case involving the US Securities and Exchange Commission (SEC) and Ripple is coming to an end after a two-year battle.

On Dec. 2, the SEC and Ripple both filed redacted responses to each other’s opposition to motions for summary rulings.

Ripple argued in his move document that the SEC had failed to prove that its offering of XRP between 2013 and 2020 was an offer or sale of an “investment contract” and therefore a security under federal security laws.

Advertisement

Ripple concluded the document by saying that “the court should grant the defendant’s request and should reject the SEC motion.”

This is Ripple’s “final submission,” Ripple General Counsel Stuart Alderotti said on Twitter on Dec. 3, asking the court to “make” a ruling in its favor.

He also stated that Ripple is proud of the defense it filed “on behalf of the entire cryptocurrency industry,” noting that Ripple “always played it straight with the court,” and took a subtle swing at the SEC saying that “the same cannot be said for our opponent.”

In another Twitter post, Alderoty continued to criticize the SEC on Dec. 5, referring to it as a “reversion regulator,” citing two statements suggesting they are on ends with each other.

Ongoing legal dispute Between the SEC and Ripple It began in December 2020 when the Securities and Exchange Commission initiated legal action against Ripple claiming that it raised $1.3 billion by offering Ripple’s native cryptocurrency XRP as an unregistered security.

Related: Investors are increasingly confident in Ripple’s victory over the SEC: CoinShares

Earlier November 30 on Twitter threadThere are only three cases left to be resolved in SEC vs Ripple, former federal prosecutor James Phelan said.

Advertisement

This includes summary motions for judgment, expert challenges, and seal issues related to the Expert Reports, Hinman documents, and other materials on which the SEC and Ripple have relied in their motions.

Hinman documents refer to the speech given by William Hinman at the Yahoo Finance All Markets Summit in June 2018, where He stated that ether (ETH) was not a security.

Phelan believes that Justice Torres will not handle the three big cases “separately,” and instead will decide “everything together, and once she rules on the motions for summary judgment, a ‘big written judgment’ will be rendered — likely” on or before March 31. ) 2023.”